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CorporateVentureCapital.com

dRx Capital

Profile, fund size and portfolio

Parent NovartisHQ Basel, SwitzerlandFounded 2015

dRx Capital is the corporate venture arm of Novartis, a pharmaceutical and biotech company. It was founded in 2015 and is based in Basel, Switzerland. It invests from seed to Series A. Sectors it names: healthcare and digital health.

Commitment by parentS1
USD 100M

Every figure links to its source

Snapshot

Investment stage: Seed to Series A
Data behind this graphic
Data behind this graphic
ItemValue
Stage rangeSeed to Series A
SectorsHealthcare and digital health
OfficesBasel, Switzerland

Sources: S1 Lenz & Staehelin: Qualcomm Incorporated and Novartis launched dRx Capital; S2 aVenture: dRx Capital, Basel.

Graphic 1 of 2

Investment stage: Seed to Series A

Sources: S1 Lenz & Staehelin: Qualcomm Incorporated and Novartis launched dRx Capital; S2 aVenture: dRx Capital, Basel.

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Scale and capital allocated
Data behind this graphic
Data behind this graphic
MeasureValueUnitKindSource
Headline sizeUSD 100MCommitment by parentStated by the firm or its parentS1
Companies on the firm's portfolio page5companiesCounted from the firm's own listS7

Sources: S1 Lenz & Staehelin: Qualcomm Incorporated and Novartis launched dRx Capital; S7 PR Newswire: Science 37 secures 6.5M Series A co-led by Lux Capital and dRx Capital.

Graphic 2 of 2

Scale and capital allocated

Firms and databases count companies, rounds and investments differently.

Sources: S1 Lenz & Staehelin: Qualcomm Incorporated and Novartis launched dRx Capital; S7 PR Newswire: Science 37 secures 6.5M Series A co-led by Lux Capital and dRx Capital.

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Where it invests and who leads it

Geography

Headquarters
Basel, Switzerland

LeadersS6

dRx Capital on LinkedIn

Key facts

FactValueStatusSource
Parent companyNovartisReported by aVenture: dRx CapitalS2
Parent industryPharmaceuticals and biotechReported by aVenture: dRx CapitalS2
Founded2015Single sourceS1
HeadquartersBasel, SwitzerlandReported by aVenture: dRx CapitalS2
Capital sourceParent company onlySingle sourceS1
Headline sizeUSD 100M (Commitment by parent)Single sourceS1
StagesSeed, Series A (inferred from announced rounds)EstimateS1

Recent rounds

DateCompanyRoundAmountLed by the firmSource
2023-12-07YseopNot statedNot statedNoS9
2023-06-06RxLightningSeries AUSD 17.5MNoS8
2021-12-06HolmuskNot statedNot statedNoS10
2019-06-30Omada HealthNot statedUSD 73MNoS11
2015-10-20Science 37Series AUSD 6.5MYesS7

History

  1. Novartis and Qualcomm Ventures announced a joint investment company of up to USD 100 million (2015-01-12)S4
  2. Co-led Science 37 Series A (2015-10-20)S7
  3. Novartis (dRx Capital) joined the Yseop investment round (2023-12-07); latest dated investment foundS9

Portfolio

Public sources name 5 portfolio companies.S7

Shared portfolio with other corporate VCs

2 companies on the dRx Capital portfolio page also appear on the portfolio page of at least one other firm in this directory. Matched by company website, or by name where no website is published.

FirmSharedCompanies in common
Sanofi Ventures2Omada Health, Science 37
Alturki Ventures1Omada Health
The Cigna Group Ventures1Omada Health
Intermountain Ventures1Omada Health
Kaiser Permanente Ventures1Omada Health
GV1Science 37

Companies backed by the most corporate VCs

Every company on the dRx Capital list

5 companies, as named in the sources cited.S7 Read the firm's list.

  • Holmusk
  • Omada Health
  • RxLightning
  • Science 37
  • Yseop

Official pages

Read the firm's own pages for current information.

Sources

  1. S1Lenz & Staehelin: Qualcomm Incorporated and Novartis launched dRx CapitalPress
  2. S2aVenture: dRx Capital, BaselThird-party report
  3. S3FundingWatcher corporate venture capital investor listThird-party report
  4. S4Novartis: joint investment company with Qualcomm Ventures of up to USD 100 million (Basel, 2015-01-12)Firm
  5. S5dRx Capital websiteFirm
  6. S6Global Corporate Venturing: GCV Symposium 2021 panel on digital health (Rana Lonnen, dRx Capital)Press
  7. S7PR Newswire: Science 37 secures 6.5M Series A co-led by Lux Capital and dRx CapitalPortfolio company
  8. S8RxLightning: closes 17.5M Series A (Novartis dRx Capital participating)Portfolio company
  9. S9Yseop: strategic investment round with Novartis (dRx Capital)Portfolio company
  10. S10PR Newswire (Holmusk): strategic investment round with Novartis (dRx Capital)Portfolio company
  11. S11Global Corporate Venturing: Omada aligns with corporates for 73m round (dRx Capital invested)Press

Disclaimer and corrections

Not affiliated. This page is not affiliated with, endorsed by or sponsored by dRx Capital or any company named on it. Names and trademarks belong to their owners. Informational only. This is a public-source reference. It is not investment, legal or tax advice and not an offer or solicitation. Sources. Each figure names its source. Figures may have changed. Please read the firm's official pages, linked above. Corrections and takedown. To report an error or ask for a change or removal, use the correction form or email Richard@CorporateVentureCapital.com.

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